Posts Tagged: "foreclosures"

I wanted to take a minute to discuss Sherry Byrne’s comment on the blog post, “The Changing Real Estate Market and HUD Owned Properties.” She pointed out the new deed restrictions put into place by Fannie Mae owned properties. These restrictions are for a 3 month period after taking possession and limit the price you can resell the property for during that time to 120% of the price you bought it for.

As an investor, I have high hopes for this spring.  I see good things coming in the real estate market and spring is typically the best time of year to sell.  The past couple warm days have gotten me excited for the busy season, maybe preemptively, but I’m ready to wheel and deal. A few…

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